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$499,000

  • For Sale
  • Active
  • Lots/Land
  • 0.68 Acres
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Prime 0.68-acre (29,553 SF) outlot available in Chatham Market, one of Chicago's strongest South Side retail destinations anchored by Walmart and Lowe's. This highly visible site offers 130 feet of frontage on 83rd Street with daily traffic counts of 15,400+ cars, making it an ideal location for national tenants seeking high exposure. Surrounded by national brands including Chase, BMO Harris, Potbelly, GameStop, Planet Fitness, Aldi, and Home Depot, the property is perfectly suited for retail, office, or restaurant use. Zoning (PD 966, 83rd/Stewart TIF) allows for flexible development options, including a drive-thru restaurant up to 2,900 SF. Build-to-Suit for qualified National Tenants-making this a unique opportunity to secure space in a proven retail corridor without upfront development costs.

Full Property Details for 201 W 83rd St

General

  • Price: $499,000
  • Taxes: $6,557 (2023)
  • Status: Active
  • Type: Lots/Land
  • Source: MRED
  • MLS ID: 12533013
  • Updated: 12/21/2025
  • Added to Site: 33 day(s) ago

Interior

  • Basement: None

Additional Information

  • Other Features: Interstate Access

Location

  • Area: CHI - Chatham
  • County: Cook
  • Township: Lake
  • Driving Directions: From 79th & Halsted: Head S on Halsted St to 83rd. Turn W on 83rd St. Property is on the N side of the street just W of S Elizabeth St.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Utilities

  • Onsite: Electricity Nearby, Natural Gas Nearby, Water Nearby

Structural Information

  • Basement Desc.: None
  • Square Feet: 0.68
  • Current Bldg. Use: Commercial

Lot Features

  • Lot Size (Acres): 0.68
  • Lot Size Range: .50 to .99 Acre
  • Lot Dimensions: 29553
  • Frontage: City Street
  • Frontage Feet: 150
  • Street/Road Desc.: Dirt, Gravel

Financial Considerations

  • Tax Amount: $6,557
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 20334050110000

Listed by Kawash Group

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Listing agent

— 201 W 83rd St —

  • Kawash Group

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 201 W 83rd St

School District:Chicago Public School District 299
NameGradesDistance
Westcott Elementary School
409 West 80th Street, Chicago, IL 60620
PK-80.4 mi
Hirsch Metropolitan High School
7740 South Ingleside Avenue, Chicago, IL 60619
9-121.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 201 W 83rd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/15/2025
Listed
$499,000
241.78%
MLS
12/18/2024
Sold
$146,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 201 W 83rd St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,557
3%
$31,079
—
2022
$6,392
2%
$31,079
—
2021
$6,250
-10%
$31,079
—
2020
$6,923
11%
$31,079
—
2019
$6,244
2%
$31,079
—
2018
$6,139
—
$31,079
9%
2017
$6,162
7%
$28,625
—
2016
$5,733
11%
$28,625
1%
2015
$5,171
62%
$28,221
64%
2014
$3,187
2%
$17,178
—
2013
$3,124
1%
$17,178
—
2012
$3,083
—
$17,178
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Kawash Group

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201 W 83rd Street, Chicago, IL 60620 (MLS# 12533013) is a Lots/Land property with a lot size of 0.68 acres. 201 W 83rd Street is currently listed for $499,000 and was received on December 15, 2025. Want to learn more about 201 W 83rd Street? Do you have questions about finding other Lots/Land real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.

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